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$1,145,500
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127 Kanoelani St
Unit 1
Hilo,
HI
96720
Other
Residence
7
Beds
4
Baths
7/4
Bed/Bath
5,746
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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Prime Multi-Unit Property with Income Potential & Owner-Occupant Opportunity This exceptional multi-unit property, located on a spacious 26,640 sq ft lot with two private driveways, offers a unique opportunity for both investment and owner-occupancy. Recently remodeled and move-in ready, the layout... ensures privacy for all units while maximizing rental income potential. Front Home: Features three units: Main Unit: A 3-bedroom, 2-bathroom home with generous living space, a large lanai, and a 2-car carport. Upstairs Unit: A 1-bedroom, 1-bathroom unit with a kitchen, private access, exterior lanai, and 2-car carport. Downstairs Unit: A 1-bedroom, 1-bathroom unit with its own carport, ideal for small households. All three units are occupied, generating reliable rental income. Back Home: A spacious 4-bedroom, 2-bathroom home with a carport, currently vacant, offers an ideal opportunity for owner-occupancy. The back home also includes a 1-bedroom, 1-bathroom unit, which is being leased for additional rental income. While distant ocean views from the back lanai enhance the peaceful atmosphere, the true value of this property lies in its versatility. The large lot offers ample space for landscaping, gardening, and additional privacy. Whether you choose to live in the back home while collecting income from the front units or lease all units for maximum cash flow, this property offers long-term financial potential. A rare opportunity to invest in both a tranquil residence and a profitable rental property. E Komo Mai (Welcome and Come on by) The information herein, while deemed reliable, may contain inaccuracies or be incorrect & is provided without warranty or guarantee of any kind. Buyer & buyer's agent to perform due diligence and investigate & confirm all pertinent & material facts. Sold As-Is. There are no guarantees or warranties
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MLS#
712511
Property Type
Other
Bedrooms
7
Bathrooms
4 Full
Year Built
1951
Square Feet
5,746
sq. ft
Price per Sq. Ft.
$199.36
Stories
2.0
Sewer
Cesspool
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